eBay: Icahn was right: eBay said it will spin off its PayPal electronic-payments division into a separate public company

Donahoe and EBay CFO Bob Swan will leave their roles although they will oversee the split.
Devin Wenig, president of eBay Marketplaces, will become eBay CEO, while Dan Schulman, an American Express executive, will now become PayPal president

Apple acquires valley startup to boost TV efforts, stock passes $500 Apple buys Matcha.tv that could boost Apple TV, and shares reach their highest level since January a day after Carl Icahn announced investme...